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Ericsson gains on RBC upgrade

Mar. 05, 2014 10:52 AM ETTelefonaktiebolaget LM Ericsson (publ) (ERIC) StockERICBy: Eric Jhonsa, SA News Editor
  • RBC has upgraded Ericsson (ERIC +2.1%) to Outperform, while setting a PT of $16.
  • Shares are making new 2014 highs. They've gradually moved higher following the mobile infrastructure giant's Jan. 30 Q4 report.

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Telefonaktiebolaget LM Ericsson (publ)